Informativ, a provider of fraud prevention, compliance, and credit technology for the automotive and consumer finance industries, introduced a new feature to instantly verify “stips,” the additional documents or information required to finalize a loan, for businesses including auto dealers and lenders. Informativ is backed by Capstreet, a Houston-based lower middle market private equity firm.
The new feature, called Verified Stips, enables Informativ to fully integrate the ability to collect verified stips into its compliance platform, providing dealers, lenders, and other businesses with instant digital reports to confirm proof of income, employment, insurance, and residence. These digital reports are sourced directly from financial institutions, payroll providers, insurance companies, and utility companies.
“As regulatory pressure grows and fraud risk reaches new highs, this functionality aligns perfectly with our mission to help businesses streamline their sales process while maintaining high compliance standards,” said David Carner, CEO of Informativ. “By introducing and integrating Verified Stips into our compliance platform, we’re enabling dealers and other businesses to eliminate the back-and-forth over document verification, get deals funded faster, and prevent the costly impact of fraud without disrupting the customer experience.”
Read More on Fintech : Global Fintech Interview With Justin Meretab, Co‑Founder and CEO of Layer
According to the Entrust Cybersecurity Institute’s 2025 Identity Fraud Report, document fraud surged 244% in 2024. Verified Stips directly addresses this challenge by providing a secure, consumer-friendly process that enables consumers to connect their accounts so that dealerships and lenders instantly receive verified reports for review.
By leveraging real-time data from over 16,000 financial institutions, 95% of payroll companies, 95% of insurance providers, and 6,000+ utility companies, businesses can:
- Get funded faster by submitting lender-ready, verified documents
- Prevent fraud with direct-from-source verification
- Reduce bank fees and buybacks while improving lender relationships
- Become eligible for potential lender rebates for using Verified Stips
The new Verified Stips solution, powered by TurboPass, is available to dealerships, lenders, and other businesses that finance purchases.
Catch more Fintech Insights : The CFO’s New Analyst: Using Generative AI for Strategic Financial Modeling
[To share your insights with us, please write to psen@itechseries.com ]